FDIC to Release Quarterly Banking Profile Next Week

WASHINGTON — The Federal Deposit Insurance Corp. is set to release its Quarterly Banking Profile for the first three months of the year on June 1.

Bankers hope the results will show that earnings and lending continued to grow, and they will look for signs of risk in the industry.

Last year the rate of quarterly chargeoffs rose 7% compared with 2014, while loan-loss provisions rose 45.5% to $12 billion, a three-year high that might indicate banks are worried about how the oil glut might affect certain economies.